
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Don’t waste your time – keep track of how NFP affects the US dollar!
Data Collection Notice
We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.
Join Us on Facebook
Stay on top of company updates, trading news, and so much more!
Thanks, I already follow your page!Beginner Forex Book
Your ultimate guide through the world of trading.
Check Your Inbox!
In our email, you will find the Forex 101 book. Just tap the button to get it!
Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77.93% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.
You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.
Information is not investment advice
Ichimoku Kinko Hyo
AUD/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook.
Fibonacci Levels
XAG/USD: Silver continuous to stand above 50% retracement area. Bullish pressure is growing during the last hours and it seems that bulls have decided to send price higher.
EU Market View
European stock markets are seen opening lower Thursday ahead of the publication of the ECB’s strategy review, handing back some of the previous session’s gains after a weak lead from Asia. Stock markets in Asia were mostly lower Thursday, weighed by an extended selloff in tech shares over worries of a Chinese regulatory clampdown as well as rising Covid-19 virus cases.Back in Europe, the ECB is set to announce the outcome of a 18-month strategy review at 1100 GMT, followed by a news conference hosted by President Christine Lagarde at 1230 GMT. The central bank is expected to raise its inflation goal to 2%, a more explicit target than the previously used phrase, “below, but close to, 2% over the medium term”, as well as describing the target as symmetric. The data slate in Europe includes German trade numbers, but the weekly U.S. unemployment figures will probably be the economic highlight. Initial job claims are seen falling to 350,000 last week, from 364,000 the previous week.
Elsewhere, oil prices edged lower, falling for the third consecutive session, amid continued uncertainty over future OPEC+ production levels after a dispute halted talks earlier this week. The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, had been expected to boost production to balance the market given growing demand before a spat between senior members Saudi Arabia and the United Arab Emirates.
The dollar maintained a strong tone in early European trade Thursday after the minutes from the last Federal Reserve meeting indicated that the world’s most influential central bank is moving towards tightening monetary policy.
Traders had been waiting for the release of the FOMC from the Fed’s June meeting as this was the gettogether at which the central bank hinted at two rate hikes in 2023, and signaled a greater likelihood of a first raise coming as early as 2022.
EU Key Point
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
Last year was tough for the Japanese yen. USDJPY gained more than 30% over 2022, striking above 150 in October. While anticipation of slower Fed rate hikes pulled the pair below the 130 level at the start of 2023, the speculations over the destiny of BOJ’s yield control policy grabbed the attention of the Japanese assets in the middle of January. What lies ahead for traders of the Japanese yen?
Today, at 5:00 pm (GMT +2), the Bank of Canada will publish the Overnight Rate, which represents short-term interest rates, and is pivotal to the overall pricing of the Canadian Dollar in the global markets. Let's look at how the markets are faring ahead of the BoC rates release.
In a call scheduled for January 25, 00:30 am GMT+2, Microsoft will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
Your request is accepted.
We will call you at the time interval that you chose
Next callback request for this phone number will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later